Gate Closure Time definition

Gate Closure Time as defined in Policy on Scheduling Article C-1;
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Gate Closure Time. “GCT”) ”: is a specified time providing a deadline for submission of schedules by market parties.. The GCT is related to the timestamp of reception. • “Interconnections” -a single and/or double circuit lines between the Romanian and Serbian transmission system which connects the control areas of TRANSELECTRICA and EMS synchronously.
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Examples of Gate Closure Time in a sentence

  • The Allocation Platform shall publish on its website and take into account for the calculation of compensation for curtailed Long Term Transmission Rights the Day Ahead Firmness Deadline which for the purpose of these Allocation Rules is set thirty (30) minutes before the respective Day Ahead Market Gate Closure Time.

  • The Delivery Points with which the Service is offered are an integral part of the Energy Bid and are also firm at Gate Closure Time.

  • At Gate Closure Time, Capacity Bids submitted in Regelleistung until this moment are transmitted to the Central Clearing System.

  • In such a situation and if sufficient time remaining before GCT, ▇▇▇▇ will do best effort to submit this bid before the Gate Closure Time to the Regelleistung platform.

  • In case a BSP does not respect the obligations, all his Capacity Bids for this product type will be rejected at Gate Closure Time.

  • The Allocation Platform shall publish on its website and take into account for the calculation of compensation for curtailed Transmission Rights the Day Ahead Firmness Deadline which for the purpose of these Allocation Rules is set thirty (30) minutes before the respective Day Ahead Market Gate Closure Time.

  • An Energy Bid is a firm commitment at Gate Closure Time by the Provider to deliver the corresponding Tertiary Control Non-Reserved Power to ▇▇▇▇.

  • CALL FOR BIDS ▇▇▇▇ will launch a Call for Bids based on the template hereunder: From ▇▇▇▇ (▇▇▇▇▇▇▇▇▇▇▇_▇▇▇▇▇▇▇▇@▇▇▇▇.▇▇) Dear BSP, ▇▇▇▇ has opened a Call for Slow R3NR Energy Bids with following characteristics: Offers can be sent to ▇▇▇▇ by e-mail to ▇▇▇▇▇▇▇▇▇▇▇_▇▇▇▇▇▇▇▇@▇▇▇▇.▇▇ following the official templates (e-mail and bid sheet) until Gate Closure Time.

  • Gate Closure Time The time limit before which Orders must be received for all Members, i.e. closing of Trading for the Members.

  • Subject Slow R3NR - Offer Confirmation Body Dear BSP, ▇▇▇▇ has well received your offers, they will be considered as final at Gate Closure Time.